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  • Listed by: Venture Real Estate Group LLC • Jamie Langsford • 206-934-0237
    $2,495,000

    505 3rd Street, Kirkland, WA 98033

    4beds
    2baths
    1,920sqft
    : 
    $15,179/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1963
    -- sqft lot
    $-- Zestimate®
    $1,299/sqft
    $-- HOA

    What's special

    New kitchen cabinetsStainless steel appliancesQuartz countertopsIn-unit washers and dryers
    Rare land development opportunity in Kirkland’s East of Market neighborhood, or owner-occupy, just a two-minute walk from vibrant downtown Kirkland. Plans are available for both a 4 and 6 unit project, offering buyers multiple possibilities for the property. Both existing units have been fully renovated with new kitchen cabinets, quartz countertops, stainless steel appliances, and in-unit washers and dryers. Priced for land and redevelopment value, with both units currently operating as furnished short-term rentals to help offset holding costs while you plan your project. A driveway variance is in process with the City of Kirkland. Buyer to verify all information, plans, development potential, and approval requirements to their satisfaction.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jamie Langsford 206-934-0237 jlangsford@vreg.co,

    Venture Real Estate Group LLC

    Source: NWMLS as distributed by MLS GRID,MLS#: 2594736MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • Forced Air, Heat Pump, Electric
      Cooling
      • Forced Air
      Features
      • Flooring: Engineered Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 1,920
      • Total interior livable area: 1,920 sqft

      Property

      Parking
      • Total spaces: 2
      • Carport spaces: 2
      Features
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 5,100 Square Feet
      • Features: Corner Lot, Paved, Patio
      Details
      • Parcel number: 3900100105
      • Zoning description: Multi-Family,Residential,Jurisdiction: City
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Duplex
      • Property subtype: Duplex, Multi Family
      Materials
      • Wood Siding
      • Foundation: Poured Concrete
      • Roof: Composition,See Remarks
      Condition
      • Good
      • Year built: 1963
      • Major remodel year: 1963

      Utilities & green energy

      • Electric: Company: PSE
      • Sewer: Available, Sewer Connected, Company: City of Kirkland
      • Water: Public, Company: City of Kirkland
      • Utilities for property: Xfinity, Xfinity

      Community & HOA

      Community
      • Subdivision: Downtown
      Location
      • Region: Kirkland

      Financial & listing details

      • Price per square foot: $1,299/sqft
      • Tax assessed value: $1,627,000
      • Annual tax amount: $11,988
      • Date on market: 10/15/2026
      • Listing terms: Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,496/mo

        Price history

        DateEventPrice
        10/15/2026Listed for sale$2,495,000+208%$1,299/sqft
        Source: NWMLS as distributed by MLS GRID #2594736 Report a problem
        4/8/2026Listing removed$3,500$2/sqft
        Source: Zillow Rentals Report a problem
        11/6/2025Listed for rent$3,500+7.7%$2/sqft
        Source: Zillow Rentals Report a problem
        11/14/2024Listing removed$3,250$2/sqft
        Source: Zillow Rentals Report a problem
        11/1/2024Listed for rent$3,250$2/sqft
        Source: Zillow Rentals Report a problem
        7/1/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        6/28/2022Listed for rent$3,250$2/sqft
        Source: Zillow Rental Manager Report a problem
        1/12/2021Listing removed--
        Source: NWMLS as distributed by MLS GRID Report a problem
        12/9/2020Price change$3,250-7.1%$2/sqft
        Source: Venture Real Estate Group LLC #1688928 Report a problem
        11/13/2020Listed for rent$3,500+34.9%$2/sqft
        Source: Venture Real Estate Group LLC #1688928 Report a problem
        4/8/2019Listing removed$2,595$1/sqft
        Source: Venture Real Estate Group LLC #1395872 Report a problem
        3/29/2019Price change$2,595+4%$1/sqft
        Source: Venture Real Estate Group LLC #1395872 Report a problem
        3/9/2019Price change$2,495-2.2%$1/sqft
        Source: Venture Real Estate Group LLC #1395872 Report a problem
        10/3/2018Listed for rent$2,550$1/sqft
        Source: Venture Real Estate Group Report a problem
        6/18/2018Sold$810,000-45.1%$422/sqft
        Source: NWMLS as distributed by MLS GRID #1318289 Report a problem
        12/21/2017Pending sale$1,475,000$768/sqft
        Source: Venture Real Estate Group LLC #1125216 Report a problem
        10/9/2017Listed for sale$1,475,000$768/sqft
        Source: Venture Real Estate Group LLC #1125216 Report a problem
        10/3/2017Pending sale$1,475,000$768/sqft
        Source: Venture Real Estate Group LLC #1125216 Report a problem
        5/24/2017Listed for sale$1,475,000$768/sqft
        Source: Venture Real Estate Group #1123058 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$14,080 +14.6%$1,627,000 +7.7%
        2024$12,290 +7.1%$1,510,000 +13%
        2023$11,473 -5.8%$1,336,000 -17.1%
        2022$12,186 +20.6%$1,611,000 +42.6%
        2021$10,102 +24.7%$1,130,000 +36.3%
        2020$8,104 +1.3%$829,000 -2.5%
        2019$8,003 +8.8%$850,000 +4.9%
        2018$7,355 +3.3%$810,000 +16.7%
        2017$7,118 +10.2%$694,000 +10.5%
        2016$6,461 $628,000 +5.2%
        2015$6,461 $597,000 -4.6%
        2014$6,461 $626,000 +21.6%
        2013$6,461 $515,000 +16.8%
        2012-- $441,000
        2011-- $441,000 -6%
        2010-- $469,000
        2009-- $469,000 +31.7%
        2007-- $356,000 +7.9%
        2006-- $330,000 +11.5%
        2005-- $296,000 +6.9%
        2001$3,173 +6.9%$277,000 +16.9%
        2000$2,969 $237,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Norkirk

        Getting around

        91 / 100
        Walker's Paradise
        49 / 100
        Some Transit
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Peter Kirk Elementary
        • Middle: Kirkland Middle
        • High: Lake Wash High

        Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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